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previously expected 48 cents to 51 cents a share. (Dow Jones)THE NATIONAirline is cleared to exit bankruptcy, enter mergerUS Airways received final approval to exit bankruptcy for the second time in three years and merge with America West Holdings Corp. The ruling allows the airline to be purchased by America West, the nation's eighth largest airline, as soon as Sept. 27. US Bankruptcy Judge Stephen Mitchell approved the airline's reorganization plan of which the merger is the centerpiece after allowing the airline to provide $12 million in severance pay to 11 executives who will not be given jobs at the merged airline. (AP)Handbag firm Kate Spade may seek sale, offer stakeHigh fashion handbag maker Kate Spade, partly owned by Neiman Marcus Group Inc., may put itself up for sale or sell a stake to fund growth. Neiman, which has a 56 percent stake, agreed to the exploration of strategic alternatives including a possible sale, New York based Kate Spade said in a statement. Neiman's acquisition by two private equity firms will be completed as early as next month, the luxury retailer said separately. Hologic stock gained $6.52 to $53.44. . . . Enterasys Networks Inc. of Andover plans to hold a shareholder meeting Oct. 24 to vote on a proposed 1 for 8 reverse stock split. If approved, the split would become effective Oct. 28 . . . Chicago Sun Times publisher Hollinger International Inc. said it settled a lawsuit over claims of inflated circulation at the newspaper and two other publications for $15 million in cash and free advertising. The settlement will resolve claims by 14,000